Charlotte has officially earned the distinction of being the most expensive city to rent in its metro area, with one-bedroom apartments now commanding $1,470 per month according to the latest Zumper report. This price point puts Charlotte nearly $300 above North Carolina’s statewide median of $1,177, cementing its status as a premium rental market. Charlotte’s…
Federal authorities crack down on algorithmic pricing scheme that may have artificially inflated rents across the Triangle. Raleigh-area renters may soon see relief from a controversial pricing practice that federal authorities say has been driving up rental costs across the country. The U.S. Department of Justice announced a proposed settlement with Greystar Management Services LLC…
If you’ve been keeping an eye on the rental market, July brought some notable developments that could impact both renters and property owners. The national apartment vacancy rate climbed to 7.1% in July, marking the highest level since Apartment List began tracking this data in 2017. The Big Picture: A Renter’s Market Emerges The rental…
The real estate market has thrown homeowners a curveball. With rising inventory, stubborn mortgage rates, and cautious buyers staying on the sidelines, selling a home has become increasingly challenging. But here’s an interesting twist: instead of slashing prices or waiting indefinitely, many frustrated sellers are pivoting to an unexpected Plan B—becoming landlords. When Selling Isn’t…
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